5 August 2020 | 9 replies
@Amber Ponte It's going to be pretty hard to do that unless you know people on the city council and/or who work in the local government.
9 August 2020 | 5 replies
Housing vouchers are better than Treasury Bonds; I think the government will never stop funding them.
5 August 2020 | 2 replies
Sharp contractions in personal consumption, exports, inventories, investment, and spending by state and local governments, converged to bring down GDP, which is the combined tally of all goods and services produced by our economy during the quarter.
9 August 2020 | 17 replies
@Bryan Mitchell Very helpful insight, I personally think as the government stimulus run out, Multifamily apartments will see increased pressure with tenants struggling to pay rent.
9 August 2020 | 7 replies
Speaking only for the CARES Act, it only covered evictions for non-payment and only on government backed Freddie / Fannie loans or Section 8 tenants.
27 August 2020 | 60 replies
Why on earth would you rent a brand new $500k house to people who are literally incapable of paying for housing for themselves, so the government has to help them out with payments.
4 August 2020 | 3 replies
FIVE FACTS:The local housing market continues to avoid most negative consequences of the COVID-19 economic downturn when compared to other sectors of the Madison County economy.Gross Domestic Product, the sum of all goods and services produced in the region, for the Huntsville metro area has increased 26% since 2011.This quarter saw a significant increase in the median sales price at $248,680.Days on Market dropped to another record low of 29 days, compared to 45 days this time last year.Listings remain low, but there was an increase of 295 from the first three months of 2020.https://haar.realtor/area-market-avoids-pandemic-downturn/
5 August 2020 | 1 reply
Or should I wait until I can somehow grab a property with 15% of ARV profit margins, which is proving to be extremely hard to do (I've been looking for my first property for a month in many different sectors).
6 August 2020 | 5 replies
These numbers can be decieving because most of the governments wealth is through real estate, because of this it's in the governments best interest to have appreciating land and property values.this however leads to an overstock of vacant apartment units.
5 August 2020 | 2 replies
However, I also hate that the government has Landlords over a barrel with this rent moratorium.